Minutes 01/26/2021 - Laserfiche WebLink

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January 26, 2021 Ayes: Barnes, Battle, Lucas-Burke, Moody, Whitaker, Woodard, Glover Nays: None 21 - 43 - Adoption of an ordinance appropriating the sum of $131,000 from the General Fund Unassigned Fund Balance to the Contractual line item of the FY 2021 General Fund Operating Budget for the Department of Engineering and Technical Services. Background:  By Ordinance 2020-54 adopted on June 23, 2020, City Council authorized the transfer of $250,000 from the City Manager’s Contingency line item in the FY 2020 General Fund Budget to the FY 2020 Department of Engineering Budget for the purpose of removing the Confederate Monument from the intersection of High and Court Streets.  The transfer was made only a week prior to the end of the Fiscal Year.  Because of this, by the time the removal of the Monument had been completed and invoiced, the transferred funding from the FY 2020 Budget had lapsed and payment for the work instead had to be made using funds from the FY 2021 Department of Engineering Budget.  As a result, the Monument removal depleted FY 2021 funding that the Department of Engineering was relying upon to perform routine activities such as studies, surveys, etc. arising out of citizen concerns. Discussion:  The work associated with removing and storing the Confederate Monument cost $131,000.  As of July 1, 2020 the money that was transferred within the FY 2020 General Fund Budget by Ordinance 2020-54 to pay for the Monument work lapsed into Fund Balance.  So that the Engineering Department has adequate funding to perform routine activities, it is necessary to transfer $131,000 of the lapsed funding from Unassigned Fund Balance to the FY 2021 Department of Engineering Budget. Financial Impact:  The General Fund Unassigned Fund Balance will be reduced by $131,000 and the FY 2021 Department of Engineering Budget will be increased by $131,000. Recommended Action:  Adoption of the ordinance. Next Steps Following Council Action:  The Finance Department will complete the necessary budget transfers. Motion by Ms. Lucas-Burke, and seconded by Mr. Moody, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE APPROPRIATING THE SUM OF $131,000 FROM THE GENERAL FUND UNASSIGNED FUND BALANCE TO THE CONTRACTUAL LINE ITEM OF THE FY 2021 GENERAL FUND OPERATING BUDGET FOR THE DEPARTMENT OF ENGINEERING AND TECHNICAL SERVICES.” Ayes: Barnes, Battle, Lucas-Burke, Moody, Whitaker, Woodard, Glover Nays: None - New Business - 21 - 44 - Boards and Commissions There were no appointments.